Dubai / Emirates Business Young Arabs are increasingly positive about entrepreneurship with more than half believing members of this generation are more likely to start a business than the previous one. The key finding from the Eighth Annual ASDA’A Burson-Marsteller Arab Youth Survey was unveiled by Sunil John, the founder and CEO of ASDA’A Burson-Marsteller and a panelist at ...

  Bloomberg Saudi Aramco, the world’s largest oil exporter, is working with JPMorgan Chase & Co., HSBC Holdings Plc and Riyad Bank on the company’s first sale of Islamic bonds, people with knowledge of the matter said. The three banks will help the Saudi oil company set up a riyal-denominated sukuk program, with the first sale potentially taking place this ...

  Reuters A $16.5 billion mass transit project planned for Saudi Arabia’s holy city of Mecca has been delayed so that its financing can be restructured, the head of the implementing body said. The kingdom has been slowing infrastructure projects and paring back state spending as it grapples with the economic fall-out of two years of depressed oil prices, which ...